Breakout imminent?!It is the 4.th time we are touching the upper resistance. We also have a nice triangle pattern and got above the 2 EMAs. There is only major risk, the overall market is overextended. If it corrects, it might pull AAL down as well. by benedekdomotor2
American Airlines still in a downtrendEqual measured move takes us to 6$ or 2.8$, and we are still in a downslope channelShortby hustler1010
AAL - Recovery of initial price at 30.72 The initial reference is the start of Covid 19. Start Price: 30.72 Target: 30.72 Actual Price: 21,47 Almost 50 percent.by tdgatti225
$AAL Target 24.99 for 16.67% (No position - charting for friend)$AAL Target 24.99 for 16.67% Or next add level is at 17.85 @M_Asim_Qamar This is how I would play AAL... In around here... and if the market still keeps going down double at 17.85 ☺️ — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading227
AAL: Ascending channel, earning call, and more!It's a bad day for AAL, but a fantastic opportunity to buy calls. RSI is oversold, sell volume is low, and the price is within the uptrend channel. My only reservation is the earning call on Thursday that I'm sure is not going to end better than UAL. So is this the time to YOLO on AAL? It's a little risky so maybe a straddle?! Any thoughts?by MarkitMavenUpdated 3
$AAL | Double Bottom Retest & Bull Flag$AAL formed a flag above the neckline of a bullish double bottom. Watch for upside continuation Longby AidanMDang6
$aal short term bullish for the month of mayamerican airlines is holding well above expectations travel is booming again people are spending money, oil prices are up and here comes the summer boom. over sold at $24 bucks but would be nice to see a move above that tons of short float always lingering over aal so no surprise for a quick pop this monthLongby ismartinvesting2
AAL. warming up.I am mostly just trying to keep my TA fresh. I am starting to find this is a really relaxing process for me. On the fundamental front, I don't think I like airline stocks at the moment. I read that airline stocks typically perform poorly when oil prices go up. I feel like oil prices will probably go up in the Biden administration only because that is a historically democratic thing to happen. The ABC correction got higher on the B wave than I would have liked, and lower on the C wave. This makes me think it might be not an ABC correction. I have been noticing that corrections often don't require a third wave down, and this has already but in 2 down waves, so I think it's likely that 2 up waves might follow. This idea is supported by the lower trendline respect, which is hard to bet against at this point. The uptrend to this point has been a strong one. I think it could likely be a bull flag we are looking at right now, followed by another upward wave. Longby emehokeUpdated 3
Waiting on bounce to lower trendline into upmoveAnother Wyckoff set up here where it's already gone way past the trading range and looking to extend out to the price where it was prior to COVID. That price target is $30. Longby UnknownUnicorn10022610Updated 221
AAL: Invisible BreakoutAAL made quite the move during the nights of April 23rd and April 26th, and that move was a gap up above the downtrend, with an open at $21.46 and a close at $22.00. This invisible move is very bullish, as AAL was in a downtrend for about a month and now the gap up has broken the trend. We failed to break $22, and are now ranging between $21.64 - $21.06. However, before we get too excited for a continuation, I presume the gap will be filled ($21.21-$21.46), as we gapped through a pretty major price level, as previously mentioned. Statistically speaking, gaps have about a 91% chance of being filled according to bioequity.org. Once this level has been cleared, I anticipate a continuation of the breakout by breaking out of the established range and continuing to the upside, as bullish sentiment for AAL will continue to be fueled due to reopening optimism.Longby ZaviStocks4
AAL, TIME TO BUY?Hello fellow traders and investors, here's another trade idea. AAL has recently pulled back to the bottom of the channel and if it makes a recovery to the take profit area it offers a 28% ROI Technicals: The Macd indicates that it's oversold The RSI indicates that it's oversold The volume indicates that the buying volume is getting exhausted and looks like we are going to get some selling pressure that's why I am recommending an entry around 20$ When To Buy: At the 20$ range When To Sell: At the take profit area Fundamentals: American Airlines engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. they have a P/S of 1.03, a sales growth Q/Q of -52.90%, an EPS growth of 62.60% Q/Q, a profit margin of -61.50% and a short float of 14%. Rating: 75/100 since their technicals are amazing but airlines are in a very tough position right now that could lead to some of them going bankrupt however the vaccine is getting rolled out so I'm not too worried. I hope you enjoyed this quick analysis and many more to come. If you enjoyed please leave a like, follow, comment your thoughts and share this trade idea. Thanks.Longby UnknownUnicorn11084119116
Bullish Unusual Options Activity on AALNASDAQ:AAL $23 strike calls for April 30thh 2021 expiration traded today. Unusual Activity for $23 calls about 29K contracts traded today. Very less time on these options and Theta will be greater as expiration approaches. Good break of trend and CCI is moving into buy zone creating higher highs. This is good day trade idea if stock continues to move up tomorrow. You can also consider longer expiry options. Target $22.50 & $23.00 Follow more unusual activity signup for a free trial using my referral link marketaction.live Please let me know in the comment if you find this useful.by marketaction_live3
American Airlines AAL Short Entry LevelsLevels of support and resistance for American Airlines. Hoping they push to fill my last short orders at the gap. Will take short profits at the green levels of support. Not financial advice, just my trade plan.Shortby MicDrop50
$AAL Triple SupportAmerican Airlines shares have fallen off of that recent high at $26 and now appear to be consolidating at the 50 SMA, the 50% retracement, and the slanted support line drawn in on the chart. Anticipate a bounce from here. Good Luck!Longby Investor43216
4/6 AALWe have exited AAL at 26 weeks ago, and now it is back to a support (1) AAL needs more time to consolidate, should not hurry (2) expect to consolidate around 20-17, this is a good entry zone for me (3) target price above 26 in Q3 and Q4, leap shall do fineby Tom_the_Moon2
Bullish on AAL(This is not financial advice) Hey everyone good symetrical triangle here on AAL. This combined with the reopening of the economy allows me to believe that this stock will have a lot more money flow into it. I set up support and resistance and with some good volume I am very bullish on this stock. If you agree or disagree be sure to leave a comment and like and follow if you my other ideas. Thank you! - Vlaire Longby vlaire5
AALAnalyst's Opinion Consensus Rating American Airlines Group has received a consensus rating of Hold. The company's average rating score is 1.63, and is based on 1 buy rating, 8 hold ratings, and 7 sell ratings. Price Target Upside/Downside According to analysts' consensus price target of $15.57, American Airlines Group has a forecasted downside of 26.2% from its current price of $21.11. Amount of Analyst Coverage American Airlines Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. NOT AN INVESTMENT ADVICE. Every investment and trading move involves risk, you should do your own research while making a decision. Best regardsShortby eraymandaci1
Take Off With American Airlines With the earnings data of American Airlines just around the corner, now seems like the perfect time to consider going long on ALL's stock at the most opportune moment. The coronavirus pandemic has pressured the stock as the tourism sector as a whole suffers from low activity - this was exacerbated recently with the global uptick of new cases - but the situation is improving. AAL has consolidated above the psychologically significant support level at 20.00, which entails the potential emergence of a new bullish trend from said level. Notice that the price action is currently in the process of establishing a major Falling Wedge which represents a classic trend continuation pattern. Once the price action manages to break out decisively above the Wedge's upper boundary, this would allow for the rally to continue advancing further north. The previous swing peak at 26.00 represents the first major target for the bulls. Keep in mind that the market is currently ranging - as elucidated by the fact that the ADX indicator is threading below the 25-point benchmark, which means that the price is likely to continue fluctuating within the Wedge in the foreseeable future. AAL is likely to attempt another false breakdown below 20.00 before it can break the range and establish a new uptrend. Longby Trendsharks12
<TradeVSA> Identify Low Risk Trades in 5 Minute1. Hartalega 2. Mclean 3. KGB 4. American Airlines 5. Jaks Trade Setup: 1. No Supply Signal as support 2. 20/40ma as confirmation for trend 3. Green Pentagon for momentum Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock Long04:23by MartinTFWong1
AAL- Great entry point for American AirlinesTechnically speaking the entry level seems perfect. Fundamentally, life is going back to normal and people will start flying again more. I am buying this today the FXPROFESSORLongby FX_Professor227